What this ETF is trying to do

The Invesco Dow Jones Industrial Average Dividend ETF (DJD) focuses on companies within the Dow Jones Industrial Average that pay dividends. It allows investors to own a piece of several large, well-known companies through one single fund.

What the numbers show

As of October 9, 2026, the share price is $63.78. To understand how the fund has performed, we look at two different types of returns: price return (the change in the share price) and total return (which includes both the price change and the cash distributions).

• Year-to-Date (YTD): The price return is 11.62%, while the total return is 13.68%.

• One Year: The price return is 16.27%, while the total return is 19.21%.

• Three Year: The price return is 55.45%, while the total return is 69.35%.

For a simple example, the estimated price from roughly one year ago was $54.86. If you had invested $10,000 based on that estimated price, the price-only growth (16.27%) would have increased that amount to approximately $11,627.

Income and Distribution Explanation

This ETF pays out cash to investors, usually every quarter. Over the last 12 months, it has made 4 payouts. The distribution yield is 2.38%.

It is important for beginners to remember that a distribution yield is not the same as a total return. The yield tells you how much cash the fund pays out relative to its price, but it does not tell you if the overall value of your investment went up or down.

NAV Erosion Explanation

"NAV erosion" happens when the internal value of a fund's assets drops over time. Investors who want steady income care about this because they want their original investment (the principal) to stay stable.

For this ETF, the erosion-risk score is 100, and the label states "No price erosion detected." The severe erosion-risk flag is also false, meaning the fund's price trend has not triggered a warning.

Top Holdings

The fund holds 30 companies in total. As of October 11, 2026, the top holdings include:

• Nike Inc Class B: 8.38%

• Chevron Corp: 6.75%

• Procter & Gamble Co: 6.44%

• The Home Depot Inc: 5.77%

• McDonald's Corp: 5.76%

• IBM: 5.75%

• Amgen Inc: 5.08%

• Coca-Cola Co: 5.00%

• Merck & Co Inc: 4.86%

• UnitedHealth Group Inc: 4.67%

Pros

• Strong total returns over the one-year and three-year periods.

• No detected price erosion.

• Provides regular quarterly cash distributions.

Cons

• The distribution yield is relatively low compared to some other income-focused funds.

Beginner Takeaway

DJD provides exposure to large companies that pay dividends. While it offers a modest distribution yield, its recent growth has come primarily from an increase in its share price.